1) a) One-Sample Statistics N Selling Price in TK. 000 (Thousand) 50 Mean 2421.616 Std. Deviation 498.323 Std.

Error Mean 70.473

One-Sample Test Test Value =0 t

df

Sig. (2tailed)

Selling Price in TK. 000 (Thousand)

34.362

49

.000

Mean 99% Difference Confidence Interval of the Difference Lower Upper 2421.616 2232.751 2610.481

Interpretation: The upper value is 2610.481and the lower value is 2232.751 2232.751 2610.481 If 100 samples of the same size could be taken and similar confidence intervals were constructed, 99 samples would contain population parameter, mean, which will lie in the confidence interval of (2232.751-2610.481) b)
One-Sample Statistics N Size of the Home in Square Feet 50 Std. Std. Error Deviation Mean 2220.00 277.01 39.18 Mean

One-Sample Test Test Value = 0 t df Sig. (2tailed) Mean 95% Difference Confidence Interval of the

Difference

Size of the Home in Square Feet

56.669

49

.000

2220.00

Lower 2141.27

Upper 2298.73

Interpretation: The upper value is 2298.73and the lower value is 2141.27

2141.27

2298.73

If 100 samples of the same size could be taken and similar confidence intervals were constructed, 95 samples would contain population parameter, mean, which will lie in the confidence interval of (2141.27-2298.73 2) a) Step 1 H0: 2200 H1: > 2200 [So, this is a one-tail test] Step 2 = 0.01 Step 3 t statistics is to be used. Step 4: Decision Rule: If p value < value (0.01), we reject H0: otherwise it is accepted.
One-Sample Statistics N Selling Price in TK. 000 (Thousand ) Std. Std. Error Deviation Mean 50 2421.616 498.323 70.473 Mean

One-Sample Test Test Value = 2200 t

df

Sig. (2Mean 99% tailed) Difference Confidenc e Interval

Selling Price in TK. 000 (Thousand )

3.145

49

.003

of the Difference Lower 221.616 32.751

Upper 410.481

As it is a 1- tailed test, P- value = .012/2 = 0.006

Decision: Since p value < value, we reject H0. That means the mean selling price in Gulshan area is more than 2200 b) Step 1 H0: 2100 H1: > 2100 So, this is a one-tail test Step 2 = 0.05 Step 3 t statistics is to be used. Step 4: Decision Rule: If p value < value (0.05), we reject H0 otherwise it is accepted. Step 5:
One-Sample Statistics N Distance 50 Mean Std. Std. Error Deviation Mean 13.90 5.17 .73

One-Sample Test Test Value = 12 t

df

Sig. (2Mean 95% tailed) Difference Confidenc e Interval of the Difference

Distance

2.598

49

.012

1.90

Lower .43

Upper 3.37

As it is a 1- tailed test, P-value = .0012/2 = .006 So, p value < value (0.05) . So, we reject Ho and accept H1. This means the mean distances of home is less than 15 3) a) Here we consider, 1 = mean selling price of homes with a pool and 2 = mean selling price of homes without a pool

Ho: 1 = 2 Ha: 1 2 So, this is a two tail test

= 0.01

Decision Rule: Reject Ho if P-value< ; do not reject otherwise.

Paired Samples Statistics Mean Pair 1 Selling 2421.616 Price in TK. 000 (Thousand ) Pool .70 Std. Std. Error Deviation Mean 50 498.323 70.473 N

50

.46 6.55E-02

Paired Samples Correlations Pair 1 Selling Price in TK. 000 (Thousand ) & Pool N Correlation 50 .325 Sig. .021

Paired Samples Test

Std. Std. Error 95% Deviation Mean Confidenc e Interval of the Difference Lower Upper Pair 1 Selling 2420.916 498.172 70.452 2279.337 2562.495 Price in TK. 000 (Thousand ) - Pool

Paired Difference s Mean

df

Sig. (2tailed)

34.363

49

.000

Here, the P-value is .000 So, P-value (0.000) < (.05), we reject Ho Interpretation: At the 0.05 significance level, we can conclude that we have some strong evidence that there is a difference in the mean selling price of homes with a pool, and homes without a pool. b) Here we consider, 1 = mean selling price of homes with an attached garage and 2 = mean selling price of homes without a garage Ho: 1 = 2 H1: 1 2 So, this is a two-tail test = 0.01 Decision Rule: Reject Ho if P- value< ; do not reject otherwise.
Paired Samples Statistics Mean Pair 1 Selling 2421.616 Price in TK. 000 (Thousand ) Garage .72 Attached Std. Std. Error Deviation Mean 50 498.323 70.473 N

50

.45 6.41E-02

Paired Samples Correlations N Correlation Sig.

Pair 1

Selling Price in TK. 000 (Thousand ) & Garage Attached

50

.531

.000

Paired Samples Test Paired Difference s Mean t df Sig. (2tailed)

Std. Std. Error 99% Deviation Mean Confidenc e Interval of the Difference Lower Upper Pair 1 Selling 2420.896 498.082 70.439 2232.122 2609.670 Price in TK. 000 (Thousand ) - Garage Attached

34.368

49

.000

From the table we find that P-value is 0.000 So, P-value (0.000) < (0.01), we reject Ho Interpretation: At the 0.01 significance level, we can conclude that we have some strong evidence that there is a difference in the mean selling price of homes with an attached garage and homes without a garage.

4) a) Here we consider, 1 = mean selling price of homes with a pool and 2 = mean selling price of homes without a pool

Ho: 1 = 2 H1: 1 2

So, this a two-tailed test

= 0.01

Decision Rule: Reject Ho if P-value < ; Otherwise accept H1

ANOVA Selling Price in TK. 000 (Thousand) Sum of df Mean Squares Square Between 1289149.6 1 1289149.6 Groups 32 32 Within 10878792. 48 226641.50 Groups 235 5 Total 12167941. 49 867

F 5.688

Sig. .021

From the table, we found P-value = 0.021

Decision: Since the P-value = 0.021 > , we accept Ho.

Interpretation: At the 0.01 significance level, we can conclude that there is no difference in the variability of the selling prices of homes that have a pool versus those that do not have a pool. b) H0: 1 = 2 = 3 = 4 = 4 =
5

[ 1 = Mean price of Gulshan, 2 = Mean price of Uttara, 3 = Mean price of DOHS, 4 = Mean price of Dhanmondi, 5 = Mean price of Banani]

H1: 1 2 3 4 4 So it is a two-tailed test.

 = 0.01

Decision Rule: Reject Ho if P-value <; otherwise not

ANOVA Selling Price in TK. 000 (Thousand) Sum of df Mean Squares Square Between 2187833.9 4 546958.47 Groups 09 7 Within 9980107.9 45 221780.17 Groups 59 7 Total 12167941. 49 867

F 2.466

Sig. .058

From the table, we found P-value = 0.058

Decision: Here, P-value> . So, we accept Ho Interpretation: At the 0.01 significance level, we can conclude that we have some strong evidence that there is no difference in the mean selling prices of homes among the five townships.

5) a)
Variables Entered/Removed Model Variables Variables Entered Removed 1 Distance, . Number of Bedrooms, Size of the Home in Square Feet a All requested variables entered. b Dependent Variable: Selling Price in TK. 000 (Thousand) Coefficients Method Enter

Unstandar Standardiz dized ed Coefficient Coefficient s s Model B Std. Error Beta 1 (Constant) 1447.182 508.646 Number of 136.413 37.134 .442 Bedrooms Size of the .356 .218 .198 Home in Square Feet Distance -26.036 10.862 -.270 a Dependent Variable: Selling Price in TK. 000 (Thousand)

Sig.

2.845 3.674 1.631

.007 .001 .110

-2.397

.021

Regression equation = Y= a+1X1+ 2X2+ 3X3+..+ kXk Here,we have 3independent variables size of home,distance and number of bedrooms. So regression equation here is Y= a+1X1+ 2X2+ 3X3 =1447.182+136.413+-.356-26.036 =1557.915

b)
Variables Entered/Removed Model Variables Variables Entered Removed 1 Distance, . Number of Bedrooms, Size of the Home in Square Feet a All requested variables entered. b Dependent Variable: Selling Price in TK. 000 (Thousand) Method Enter

Model Summary Model 1

R R Square Adjusted R Std. Error Square of the Estimate .680 .462 .427 377.333

a Predictors: (Constant), Distance, Number of Bedrooms, Size of the Home in Square Feet ANOVA Model Sum of Squares 1 Regressio 5618455.8 n 86 Residual 6549485.9 81 Total 12167941. 867 Mean Square 3 1872818.6 29 46 142380.13 0 49 df F 13.154 Sig. .000

a Predictors: (Constant), Distance, Number of Bedrooms, Size of the Home in Square Feet b Dependent Variable: Selling Price in TK. 000 (Thousand) Coefficients Unstandar Standardiz dized ed Coefficient Coefficient s s Model B Std. Error Beta 1 (Constant) 1447.182 508.646 Number of 136.413 37.134 .442 Bedrooms Size of the .356 .218 .198 Home in Square Feet Distance -26.036 10.862 -.270 a Dependent Variable: Selling Price in TK. 000 (Thousand) t Sig.

2.845 3.674 1.631

.007 .001 .110

-2.397

.021

R2 =SSR/SS total=5618455.886/12167941.867=.4144
Interpretation: We can say that the independent variables 41.44% of variation in selling price. To put it in another way we can say 58.56% of the variation is due to other variables such as random error or variable not included in the analysis like qualitative variables.

5) C)
Correlations

10

Number of Size of the Bedrooms Home in Square Feet Number of Pearson 1.000 .328 Bedrooms Correlation Sig. (2. .014 tailed) N 56 56 Size of Pearson .328 1.000 the Home Correlation in Square Feet Sig. (2.014 . tailed) N 56 56 Distance Pearson -.198 -.105 Correlation Sig. (2.144 .443 tailed) N 56 56 Number of Pearson Bathrooms Correlation Sig. (2tailed) N .310 .020 56 .002 .988 56

Distance Number of Bedrooms -.198 .144 56 -.105 .310 .020 56 .002

.443 56 1.000 . 56 -.374 .005 56

.988 56 -.374 .005 56 1.000 . 56

Correlation is significant at the 0.05 level (2-tailed). Correlation is significant at the 0.01 level (2-tailed). From the above table we get the Correlation of variables: Correlation of number of bedrooms is 1.000. This indicates perfect positive correlation. Correlation of Size of the Home in Square Feet is .328 which indicates weak positive correlation. Correlation of distance is -.198. Which indicates weak negative correlation. Correlation of Number of Bathroom is .988 which indicates strong positive correlation.

So, the variable, number of bedrooms has stronger positive correlation and the variable distance has the weakest correlation with dependent variable selling price. 5 d)
ANOVA Model Sum of Squares 1 Regressio 5039337.3 n 69 Residual 7121257.7 Mean Square 3 1679779.1 23 52 136947.26 df F 12.266 Sig. .000

11

01 Total 12160595. 070

3 55

a Predictors: (Constant), Number of Bedrooms, Size of the Home in Square Feet, Distance b Dependent Variable: Selling Price in TK. 000 (Thousand)

Global test: Step 1: Ho: 1= 2= 3=0 H1: O /not all s are same. Step 2: level of significance 0.05. Step 3: . ANOVA
Model Sum of Squares 1 Regressio 5039337.3 n 69 Residual 7121257.7 01 Total 12160595. 070 Mean Square 3 1679779.1 23 52 136947.26 3 55 df F 12.266 Sig. .000

(As not mentioned)

a Predictors: (Constant), Number of Bedrooms, Size of the Home in Square Feet, Distance b Dependent Variable: Selling Price in TK. 000 (Thousand)

Step 4: Reject if Ho if significant value (P value) <.05 Do not reject otherwise. Step 5: From the SPSS output we get the sig. value (p value) .000. Step 6: Sig. value (p value) is .000<.05 So Ho rejected. Not all s are same, theres difference. Step 7: Interpretation: Overall the Model is significant/ useful 5 e)

12

Coefficients Unstandar Standardiz dized ed Coefficient Coefficient s s Model B Std. Error Beta 1 (Constant) 930.282 542.946 Size of the .636 .192 .353 Home in Square Feet Distance -34.434 9.895 -.401 Number of 193.224 111.374 .199 Bedrooms a Dependent Variable: Selling Price in TK. 000 (Thousand) t Sig.

1.713 3.309

.093 .002

-3.480 1.735

.001 .089

For Size of the Home in Square Feet Step 1: Ho: 1=0 H1: 1 O Step 2: level of significance 0.05. ( As not mentioned)

Step 3: . Coefficients
Unstandar Standardiz dized ed Coefficient Coefficient s s Model B Std. Error Beta 1 (Constant) 930.282 542.946 Size of the .636 .192 .353 Home in Square Feet t Sig.

1.713 3.309

.093 .002

Step 4: Reject if Ho if significant value (P value) <.05 Do not reject otherwise. Step 5: From the SPSS output we get the sig. value (p value) .002 Step 6: Sig. value ( p value) is .002<.05 So Ho rejected. So,1 O. 13

Step 7: Interpretation: As Ho rejected. And, 1 O. that means 1 has value so X1 has value too.Both influences or effect Y. Here x1= significant variable. For Distance Step 1: Ho: 2=0 H1: 2O Step 2: level of significance 0.05. Step 3:
Coefficients Unstandar Standardiz dized ed Coefficient Coefficient s s Model B Std. Error Beta 1 (Constant) 930.282 542.946 Distance -34.434 9.895 -.401 t Sig.

(As not mentioned)

1.713 -3.480

.093 .001

Step 4: Reject if Ho if significant value (P value) <.05 Do not reject otherwise Step 5: From the SPSS output we get the sig. value (p value) .001 Step 6. Sig. value (p value) is .001<.05 So Ho rejected. So, 2 O. Step 7: Interpretation: As Ho rejected and, 2 O. that means 1 has value so X2 has value too.Both influences or effect Y. Here x2= significant variable

For Number of Bedrooms

Step1: Ho: 3=0 H1: 3O

Step 2: level of significance 0.05.

(As not mentioned)

14

Step 3:
Coefficients Unstandar Standardiz dized ed Coefficient Coefficient s s Model B Std. Error Beta Number of 193.224 111.374 .199 Bedrooms t Sig.

1.735

.089

Step 4: Reject if Ho if significant value (P value) <.05 Do not reject otherwise Step 5: From the SPSS output we get the sig. value (p value) .089 Step 6: Sig. value (p value) is .089>.05 So Ho Accepted. So, 3=O. Step 7: Interpretation As, Ho Accepted and, 3 =O. that means 3 has no value so X2 has no value. Both dont influence or affect Y. Here x3= Insignificant variable I would consider deleting any of theses variables. I would delete 3rd variable (Number of bedrooms) as here x is insignificant variable and dont effect Y. Now the linear equation will be: Y= a+1X1+ 2X2 ==930.282+636+-34.434

15